ricky

active 1 month, 2 weeks ago
active 1 month, 2 weeks ago
  • ricky replied to the topic Drawdown Pensions. in the forum General Chat 1 month, 3 weeks ago

    my friend who are financially naive.

    anyone who takes out an Annuity is financially naive.

    With an annuity you give a finance institution 100K and receiving 4k a year (taxable), but get bugger all back for your estate when you die. The better way to do it is to take the 100K, invest in a range of bonds and high yielding stock within an ISA, get 5K annual return tax free, and receive the full 100K back into your estate when you peg it. You could take 10K a year and erode your capital, on the basis you’ll be getting your state pension when your 68, and by the time your 80, you state pension and the fuel/tv allowance will be all you require.

    Annuities are really poor value

  • ricky replied to the topic Swollen Neck! in the forum Health 2 months ago

    Doc reckons it’s a stone in my saliva gland… I’ve been referred for tests and told to eat boring food.

  • ricky replied to the topic Swollen Neck! in the forum Health 2 months ago

    It’s gone back down again, and after speaking to the doctor husband of a friend I’m staying put until morning.

    Gland now just feels like it would if you had a minor sore throat.

  • ricky replied to the topic Swollen Neck! in the forum Health 2 months ago

    Agreed. it’s just got worse after eating again (no seafood this time)…. will give 111 a call

  • ricky started the topic Swollen Neck! in the forum Health 2 months ago

    Ok, I know this isn’t the place for medical advise and I have a GP appointment tomorrow, but I’m interested to see if anyone else has experienced similar to me…

    I don’t have any known food allergies, and regularly eat shellfish (normally clams, prawns, mussels etc).

    Today at the age of 39 I went and bought a crayfish and avocado salad.

    After the first few bites my tongue felt a bit uncomfortable (not swollen or itchy) I carried on… after about 10 mins of munching I realised that my gland under the jaw on one side had inflated to the size of a cricket ball… this was then a bit uncomfortable, but not painful, and no itchyness. I stopped eating (having virtually finished) and now 6 hours later (and a bit of antihistamine as recommended by chemist it is the size of a golf…[Read more]

  • ricky posted a new activity comment 2 months, 1 week ago

    Intriguingly NYT has just published an article – Trump Tries to Destroy the West By DAVID LEONHARDT

    “There’s only one explanation that fits his behavior: He wants to break up the alliance that has dominated the past century.”

    ..and that’s all I can read as I’ve now used up my 5 free articles for this month

  • ricky posted a new activity comment 2 months, 1 week ago

    The latest bad news of course are the imminent trade wars, initiated (or so it seems on the surface) by one D. Trump.

    It’s wrong to speculate but as you get jaded by each new revelation you do begin to wonder if it’s Moscow that is pulling the strings.

  • ricky posted an update 2 months, 1 week ago

    Was this this Putin’s long game, putting an unstable president into power and destabilizing Europe through Brexit and the displacement of peoples through wars in the Middle East. Was he a malign genius, actively shafting the West, or a convenient scapegoat for our failings? Or both?

    • “actively shafting the West”

      Mostly this.

    • I’ve read that he doesn’t see western stability and unity being in Russia’s interests.

      • The latest bad news of course are the imminent trade wars, initiated (or so it seems on the surface) by one D. Trump.

        It’s wrong to speculate but as you get jaded by each new revelation you do begin to wonder if it’s Moscow that is pulling the strings.

    • I’d agree with the malign part but I don’t think it requires genius to spot obvious existing problems and disagreements in our politics and poke at them.

      Also, the evidence that he was interfering seems pretty clear to me but the extent of his success is much harder to judge and I doubt that anybody will ever know whether things would have gone differently without Russia’s assistance. Having said that, Brexit and Trump were both quite close calls so he didn’t need to shift opinions very much.

      • Intriguingly NYT has just published an article – Trump Tries to Destroy the West By DAVID LEONHARDT

        “There’s only one explanation that fits his behavior: He wants to break up the alliance that has dominated the past century.”

        ..and that’s all I can read as I’ve now used up my 5 free articles for this month

    • I don’t think the idea of Putin the malign puppeteer working step by step through a detailed master plan in pursuit of a clear and detailed goals makes much sense. I suspect the reality is it’s lots and lots of little bits of opportunistic intervention working broadly toward a goal of a relatively stronger Russia and a relatively stronger Putin. His retirement plan and legacy is more interesting, what comes next, a clean-up, reform and real development or as seems more likely more militaristic nationalism covering the cracks caused by kleptocracy as conditions worsen for ordinary Russians and their neighbours.

  • That’s another reason for me to never take such an offer.

    Cheers everybody

  • My mate has a car brand new on one of those lease thing deals. He mentioned to me that he had to go to the main dealer every time for the service to keep the warranty and if/when he gives the car back.

    I thought that you could take a car to any reputable garage to have the service and as long as the paperwork is officially stamped, then all is good.

    Is this not correct?

  • The advanced democracy that brought the world Donald Trump and all he stands for, for instance ?

  • Every year I ger round to thinking about upgrading the boiler. We have a standard hot water tank in the airing cupboard/ cold water tank in the attic/ radiator system fired by a 20 year old (plus) gas boiler.

    Obviously a sexy new condensing boiler would use less gas which is a given.

    However our old boiler chugs on and on and on without needing any atttention whatsoever bar an occasional looking at by an engineer. It has never let us down.

    I hear far less complementary comments about modern boilers and even tales of heat exchangers rotting away because they’re not made of stainless. Not many seem to just go on for ever.

    Two questions I guess:

    1) Will the savings on gas outweigh what I perceive will be much higher maintenance costs over, say , 10 years?

    2) Is it really…[Read more]

  • This youtuber has conclusive proof the world is flat.

    The link is NOT work safe because the commentator uses passionate language that may offend, to prove his superior argument.

    Peace

  • ricky replied to the topic Ethical banking in the forum General Chat 3 months, 3 weeks ago

    Funnily enough we were discussing this firm as I drove her back to college for the start of term (Oh the fun we have together ;-)).

    Bemusement basically that a business apparently bent on turning the population away from healthy eating should be so far ahead on certain ethical fronts.

    For her Iceland encapsulates a real dilemma. Does she achieve more by protesting from the outside or by rising to the top of such an organisation to effect change from the inside? Her dad naturally thinks the latter but that’s not the cool choice of course.

  • ricky replied to the topic Ethical banking in the forum General Chat 3 months, 3 weeks ago

    My daughter is heavily into environmental campaigning (for now), and she’s doing her best to make her old dad invest for the common good and not just his pension. He’s very happy to do so but it’s bloody hard to find investments that satisfy all the criteria and make an acceptable return. Alternative energy is a structural shift in the global economic model and I’m into infrastructure development. I have clients in micro-banking but the usurous lending rates make me wince. Beyond those, it gets difficult. (Profitable) ideas anyone?

    The Co-op on the other hand was laid low not by its ethical stance but by its monumental incompetence, not least in appointing, at its head, a god-bothering meth-head with crisps for nipples.

  • ricky replied to the topic Ethical banking in the forum General Chat 3 months, 3 weeks ago

    The Ethical Pension Fund offered by NEST for their Workplace Pension includes Nestle. Nestle aren’t high on my list of ethical companies!

    A portfolio of “green” stocks will often contain several oil companies on grounds that they are doing more than rivals to constrain their impact, even if coming from an environmentally disastrous starting point.

    And there is some logic in there. Let’s imagine oil operator A invests in wind power to boost its green credentials. We respond by only buying oil operator A shares because they are undeniably greener than oil operator B’s. The upshot will be that B will change its ways pretty quick and the environment will win. This is actually happening right now.

  • ricky replied to the topic Ethical banking in the forum General Chat 3 months, 3 weeks ago

    I’ve been looking very hard at investing for social impact lately and the Triodos model is quite interesting. I don’t however think any comparison is valid without considering alternative factors such as the security of your deposits and the prevailing rates of interest. It’s not very comforting to me to know that my money isn’t protected by UK law, for example, no matter how reliable the Dutch government might be at making good its subjects’ bankruptcies.

    I am in fact quite mind-boggled at how small the field of impact investing turns out to be. There is about a hundred trillion US dollars under investment globally yet the Big Potential Fund that Triodos recently declared themselves excited about is only £20m. The numbers are incredibly tiny in the wider context.

    A big part of…[Read more]

  • I believe for a small fee the MIB (Motor Insurance Bureau) will give you the insurance details if the car is insured (as you mentioned road legal) You can then contact his insurer and tell them the vehicle is abandoned. They will contact their policy holder as it would be a violation of most policy terms. Apart from anything else they are probably covered for the damage if they are fully comp as most are these days.

    Its also entirely possible the insurer is well aware but hasn’t got round to collecting a vehicle that could be a write off after being told it’s somewhere free and legal to park and the owner is driving round in a replacement car none the wiser.

  • ricky posted a new activity comment 4 months, 3 weeks ago

    Smith should have been remembered as a really good batter but now he will be remembered not only as a cheat but a bully who got a young inexperienced player to do the dirty work.

  • ricky posted a new activity comment 4 months, 3 weeks ago

    Well Smith and Warner have been stood down from their captain/VC roles a few hours ago, so that’s a start. I don’t think pulling them out of the current game, with two days play remaining, is realistic.

    Going by the media and public comments on articles here right now (Sunday evening AEST) there is pretty much no sympathy for them at all – it’s surprisingly unanimous against them – and most are calling for them to be sacked completely. It’s actually getting a bit hysterical and over the top, to be fair. I’d hate to see how we responded to an actual disaster!

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